Buy-Side Technology/News
State Street Incorporates Charles River into Outsourced Trading Service
State Street will also integrate BestX equity TCA into its outsourced trading desk.
Citco Migrates Accounting Platform Clients to AWS
The firm plans to complete the migration by the end of summer, as it learns from prior rebuilds.
Former HSBC Transformation Head: Weathering the Crisis as a Start-Up
This is a difficult time for most businesses, but start-ups are particularly vulnerable as they struggle to manage cash flow.
Glue42 Open-Sources Web App Interoperability
The new solution uses progressive web applications, cutting out the need for containers.
Gresham Technologies Looks to Asia for Growth
The fintech company, which provides recon, onboarding, compliance, risk, and data services, is also looking to expand its alternatives coverage in the US.
Linedata Looks to Expand Public Cloud Strategy
Linedata has moved its applications to AWS and aims to have support for Microsoft Azure by the third quarter.
Lazard Asset Management Looks to Reinvent Asset Classifications
The firm is developing themed asset categories for investors by finding new correlations in alternative datasets.
Aegon Asset Management Partners with ACA Compliance for Surveillance
The firm is using ACA's Decryptex to identify fraudulent trading behavior.
FCA and BoE: Evaluate Your Third Parties
Consultation on new rules is set to close on April 3, but regulators are reviewing deadlines as firms are under pressure due to the coronavirus.
TISA Selects Atos for Mifid II Reporting Utility
The technical solution will be built on blockchain with the first iteration slated for Q3 roll-out.
APIs a ‘Game Changer’ for Third-Party Oversight – BNY Mellon EMEA Commercial Lead
As UK regulators look to strengthen operational resilience rules, one solution could be to use APIs to access vendor data.
Finastra Looking to Partner with Fintechs for Marketplace Platform
The financial technology giant is looking for partners who work in regtech, risk or predictive analytics.
This Week: Refinitiv/Scivantage; Goldman Sachs/ICE; ChartIQ; Aquis/NEX & More
A summary of the past week's financial technology news.
IHS Markit Builds Out Alt Data Library for Research Signals
The data service provider is widening its coverage of alt datasets for signals in cyber risk and controversy data.
Post IBM Pairing, Broadridge Looks to Revamp Bonds, Wealth Offerings
The vendor is leveraging IBM to help improve its analytics offering for corporate bonds and to revamp its wealth management platform.
This Week: BNY Mellon; Amazon/Digital Asset; TP ICAP; Hazeltree; SimCorp & More
A summary of some of the past week's financial technology news.
Ex-JP Morgan Trader Tackles Complex Computing with New Programming Language
Concurnas founder says his language will help traders work more easily with concurrent computing and offer a Python-like syntax with Java-scale performance.
OpenFin to Introduce API for Better Developer Experience
The company's Platform API aims to simplify the building of desktop platforms.
SIX Builds Quantum Security for DLT-Based Exchange
The Swiss Exchange is future-proofing SDX with post-quantum encryption, ahead of its full-service launch.
Hedge Funds Use Shopping Center Cameras in Hunt for Alpha
Buy-side firms in search of alternative insights to drive returns are turning to sentiment analysis to fine-tune their strategies.
Vendors Feel Heat as Regulators Pile Pressure on Third-Party Resiliency
UK regulators have proposed new laws to clamp down on operational resilience and third-party risk, pushing fintechs to put some skin in the game.
Rimes Wards off Sale Speculation with Investment from EQT
A sale was originally reported, but this PE investment will allow the firm to grow its ESG, ETF offering while considering a sale at a later time.
CAT Seeks Approval to Mask Personal Data
The CAT is required to gather personal information, but the CAT NMS committee wants to use a masking method for security.
HSBC Securities Arm ‘Strangles’ Legacy Tech with API Wrapper
The securities services business has embarked on an API strategy to offload its legacy tech and produce better connected products.